Gloomy Canada growth forecast linked to U S economy
Economists warn Canada will see weak real GNP growth in 1981 with a 1 to 1.5 percent rise expected if the U S economy under Reagan falters. Inflation may hit 11 to 12 percent as energy and food prices rise, with rate expectations driven by higher costs and policy shifts.
MENTIONED IN THIS ARTICLE
Douglas Yonson
Financial Times News Service
Canada
U.S
Ronald Reagan
Arthur Donner
Mitchell Rothman
Canadian Imperial Bank of Commerce
Rodney Nicholson
Burns Fry Ltd
Alberta
Ottawa
Wood Gundy Ltd
John Grant
Sid Dolgey
Toronto- Dominion Bank
Reagan
Oil price fixing costs Canadians billions, report says
A federal eight year investigation accuses seven major oil firms Shell Imperial Gulf Texaco Great Canadian Oil Sands Sun Oil and Petrofina of colluding to fix gasoline and fuel oil prices. The plan is a public inquiry under Consumer Affairs Minister Andre Ouellet with no set deadline.
MENTIONED IN THIS ARTICLE
Ottawa
Andre Ouellet
Commons
Restrictive Trade Practices Commission
Consumers Association of Canada
Shell
Imperial
Gulf
Texaco
Great Canadian Oil Sands Ltd
Sun Oil Co. Ltd
Petrofina
Petro-Canada
Ouellett
Robert Bertrand
Bureau of Competition Policy
Bertrand
Ouellet
John Crosbie
Allan MacEachen
Tory MPs press Joe Clark to announce leadership plan
Several Progressive Conservative MPs urged Joe Clark to clear the air and state whether he will call a leadership convention after the party’s recent national meeting. MPs noted that a significant minority of delegates favored a leadership vote. Clark entered the caucus room amid the discussion.
MENTIONED IN THIS ARTICLE
Ottawa
Joe Clark
Clark
Parliament Hill
Michael Forrestall
Dartmouth- Halifax East
Forrestall
Allan Lawrence
Ontario
Durham-Northumberland
Lawrence
Jack Ellis
Prince Edward Hastings
Conservatives
John Gamble
Toronto
Gamble
Peter Blaikie
Labor toughens stand in one day protest support
Vancouver Island unions urged a one day walkout in forestry construction and ferries to press B C Tel to reinstate 22 workers. If no settlement occurs, a province wide general strike may follow as the Federation of Labor seeks to end the contract dispute dating to December 1979 and avert further layoffs.
MENTIONED IN THIS ARTICLE
Vancouver
Vancouver Island
B.C
Telecommunications Workers
B.C. Telephone Co
B.C. Federation of Labor
Jim Kinnaird
B.C. Tel
Simpsons to close last Western Canada store
Regina based Robert Simpson Co Ltd says its last Western Canada retail store will close after 65 years leaving about 500 workers unemployed. The closure comes amid four years of losses blamed on competition and a new downtown mall development.
MENTIONED IN THIS ARTICLE
Regina
Robert Simpson Co. Ltd
Canada
George Browing
Simpsons
J. R. Davidson
Universities urged to do more with less amid funding squeeze
Dalhousie professor John Graham warned 150 officials that Canadian universities have become degree factories and face reduced public funding. He urged tighter focus on core learning as Simpsons store in Regina closes despite merger signals. Local businessmen mourn the 1916 Regina operation ending.
MENTIONED IN THIS ARTICLE
Toronto
John Graham
Dalhousie University
Halifax
Canada
Graham
Simpsons
Regina
Vickar
Alberta reviews fiscal formulas and revenue sharing
Alberta defends a hard line against tying into a permanent revenue sharing program with municipalities while planning a major review of financing. AUMA proposes possibilities including liquor revenues and a provincial gasoline tax. Fort McMurray and Medicine Hat officials back more fiscal flexibility as costs rise.
MENTIONED IN THIS ARTICLE
Edmonton
Marv Moore
Medicine Hat
Moore
Alberta Urban Municipality Association
AUMA
Fort McMurray
Chuck Knight
University of Alberta
Richard Plain
Fire empties hotel on the Las Vegas Strip
About 1,000 people evacuated from the Silverbird Hotel casino area when a basement fire broke out below the showroom. No injuries reported as firefighters quickly controlled the blaze. minimal fire damage to the room and smoke damage in the basement. The Silverbird stands at three floors, unlike taller MGM Grand and Hilton highrises.
MENTIONED IN THIS ARTICLE
Las Vegas
Las Vegas Strip
Mgm Grand
Hilton
Silverbird
Watson ready kayak protest against seal hunt
Paul Watson and two associates plan a Gulf of St. Lawrence seal hunt protest by kayak from Prince Edward Island. RCMP issued a court order to leave the province. police monitor all public moves as the group tests gear and awaits possible enforcement.
MENTIONED IN THIS ARTICLE
Charlottetown
RCMP
Paul Watson
Paul
Watson
Stanhope Beach
Prince Edward Island
Sausalito
Calif
Joachim Obst
Nuremburg
West Germany
Lewis Regenstein
Fund For Animals
Ottawa
Sea Shepherd Society
P.E.I
Gulf of St. Lawrence
Also Mentioned on This Page
Hana Meo
Commonwealth
Aero Union
Chico
Winnipeg
Cullaton Lake
Northwest Territories
Joe
Chrysler Corp
Saskatchewan
Paul Rousseau
The
Hudson’s Bay Co
Kenneth Thomson
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